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WORLD FOREX:Yen Gains Further As Safe Haven Amid Stock Falls - Wall Street Journal
WORLD FOREX:Yen Gains Further As Safe Haven Amid Stock FallsWall Street JournalFurther share price falls in Europe and the US later in the global day could weigh the dollar down to around Y98 and the common currency to around Y130, said Yuzo Sakai, manager of foreign exchange business promotion at Tokyo Forex amp; Ueda Harlow. ...
Info 5000

Brilliant leaves Google to tackle "Urgent Threats"
Larry Brilliant, who played a key role in eradicating small pox in Asia and was the founding executive director of Google's philanthropic arm, is leaving Google to head the $100 million Skoll Urgent Threats Fund in Palo Alto.
Biz Journal

Daewoo Elec to pick buyers for TV, non-core units
SEOUL, April 15 (Reuters) - South Korea's Daewoo ElectronicsCorp is set to pick potential buyers for its non-core businesses,including TV manufacturing, by next week as it restructures tofocus on appliances, its chief executive said on Wednesday.
Reuters

eBay: Skype going IPO by 2010
After news had been circling the Web of Skype breaking free of the clutches of eBay, news comes that eBay will let Skype float free. It also mentioned the filing of an IPO early next year. I guess eBay is finally done with its checks on Skype and realized that the business; which has gained massive popularity worldwide is better off alone than being integrated with eBay. Skype on the other hand hasn’t fallen short of any expectations and it’s iPhone app has added as another success story. While this is the latest development in relation to Skype we also wait for eBay decides with StumbleUpon.---Related Articles at Startup Meme:ClickPass embeds Google, Hotmail, Yahoo and Facebook into its OpenID.12seconds- a micro video messaging service or call it a true “twitter video”
Startup Meme

Banks warned over assets held by subsidiaries
International banks will have to hold more assets in their subsidiaries if they want to avoid the chaos the Lehman Brothers fall caused according to the collapsed bank's European administrators
Financial Times

Hyundai confident of avoiding potholes
The South Korean carmaker says the global economic crisis has presented a 'golden opportunity' to increase its international presence as it posts resilient sales in main export markets such as the US
FT

Rio Tinto PLC (NYSE:RTP) - The ADR is overvalued at current levels.
In FY 2009, we expect contract rates for iron ore to be slashed, reflecting a slump in spot rates since July 2008. Rio Tinto has also announced production cuts across in its alumina and aluminum businesses, in response to faltering demand. This trend is
Mining.com

Adjournment of Annual Shareholder Meeting for John Hancock Closed-end Funds (PR Newswire)
At their annual meeting today, shareholders of nine John Hancock closed-end funds, John Hancock Preferred Income Fund , John Hancock Preferred Income Fund II , John Hancock Preferred Income Fund III , John Hancock Tax-Advantaged Dividend Income Fund , John Hancock Tax-Advantaged Global Shareholder Yield Fund , John Hancock Bank and Thrift Opportunity Fund , John Hancock Patriot Premium Dividend Fund II , John Hancock Investors Trust and John Hancock Income Securities Trust , voted to adjourn all business at the meeting until Tuesday, April 28, 2009 to permit the continued solicitation of additional votes.
yahoo.com

T-Shirt International to lay off 94
T-Shirt International Inc. plans to temporarily shut down its factories in Oak Creek and Franklin, resulting in a total of 94 layoffs.
Biz Journal

Rocky Mountain Power is building new transmission line
With most of the controversy over the route now behind it, Rocky Mountain Power has launched construction of its new high-voltage transmission line that will run from Downey in southeastern Idaho to an existing substation west of Salt Lake City International Airport.
The Salt Lake Tribune

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Archived "business - international business asia sc" news stories.

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